this post was submitted on 12 Feb 2024
822 points (92.9% liked)

Technology

59672 readers
4191 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
822
Elon Musk Bought Twitter to Settle His Jet-Tracking Beef, New Book Claims (gizmodo.com)
submitted 9 months ago by [email protected] to c/technology
175 comments fedilink hide all child comments
 
  • Elon Musk purchased shares of Twitter after unsuccessfully petitioning the CEO to remove a Twitter account tracking his private jet.
  • Musk's personal gripes played a key role in his $44 billion acquisition of Twitter.
  • Musk banned the account after promising not to, highlighting his prioritization of getting his way over free speech.

Archive link: https://archive.ph/ttBv9

you are viewing a single comment's thread
view the rest of the comments
[–] supercriticalcheese 3 points 9 months ago (1 children)

He could had pulled out of the bid as well me thinks. Between presenting a bid and closing the deal there should be **due diligence **.

This is what I understand Mr Musk failed to do, after that it would have been nearly impt to cancel the deal.

[–] [email protected] 11 points 9 months ago (2 children)

I don't remember the specifics but I think it was a sort of a "no questions asked" kind of bid, where he chose to not do the due diligence. He did try to play the "My estimation of Twitter was misled because I wasn't disclosed to vital information" card and it got him nowhere.

[–] Archer 9 points 9 months ago

Yep! He explicitly waived it. Corporate equivalent of waiving a home inspection

[–] supercriticalcheese 1 points 9 months ago

facepalm genial